Property Overview
This home at 115 Bender Bay is a compact, efficiently sized property that presents a clear value proposition within its Winnipeg neighbourhood. Its key appeal lies in its relative newness for the area and its position as an accessible entry point into the market. Built in 1988, it is notably newer than many homes on its street and across the city, which can be a practical advantage for maintenance. The living area of 680 sq ft indicates a smaller, likely single-level layout suited for a minimalist lifestyle or a first-time purchase. With an assessed value significantly below the citywide average, it stands out as one of the more affordable options in the Leila-Mcphillips Triangle area.
This property would best suit a pragmatic, budget-conscious buyer—such as a first-time homebuyer, an investor looking for a rental property, or someone seeking a low-maintenance downsizing option. Its smaller size and lot (3,604 sq ft) mean lower utility costs and less upkeep, appealing to those prioritizing financial efficiency over space. A less obvious perspective is that its "below average" size and value metrics within its immediate area could represent a strategic opportunity for buyers willing to trade space for location, allowing them to enter a neighbourhood that might otherwise be out of reach.
Frequently Asked Questions
1. Is this a good value for the area?
Based on the data, the home's assessed value is below the average for both Bender Bay and the wider Leila-Mcphillips Triangle, while being closer to the citywide average. This suggests it is priced more accessibly within its immediate neighbourhood, potentially offering good value for someone committed to this specific location.
2. Who would this home suit best?
It's ideally suited for first-time buyers, investors, or individuals looking to downsize. The smaller living space and lot size translate to lower ongoing costs and maintenance, which is a key draw for budget-focused or efficiency-seeking purchasers.
3. How does the year built affect this property?
Built in 1988, this home is newer than many comparable properties on its street and in Winnipeg overall. This can be a positive, suggesting potentially fewer immediate major repairs or updates compared to much older homes in the city.
4. What are the trade-offs for the lower price?
The primary trade-off is space. The living area is significantly smaller than area averages, and the lot size is also below average for the neighbourhood. Buyers should be comfortable with a compact floor plan and a smaller outdoor space.
5. How recent is the sale price information?
The listed sale price range (CA$350k–400k) is based on public data from a transaction occurring in 2025. For the exact, verified sold price, you can request that information directly via the provided email service.